- Domestic Businesses. Domestic businesses will benefit mostly after IVQ 2009 when they will be able to use Business Online as single point of entry in all Danske Bank Group's countries.
- Exporting/ importing companies mostly benefit from:
- Easy opening of foreign accounts.
- Intracompany group payments, made with same-day value, free of charge.
- Being able to collect payments from their customers as local payments instead of foreign payments. That is more rapid and cheaper for both the company and its customers.
- Local accounts that create credibility in local markets. The company becomes a more trustworthy trading partner in line with the local competitors.
- The possibility to make local payments - paying local bills is cheaper, easier and faster.
- The possibility to utilize local payment instruments (such as cards).
- Better liquidity management, easier and faster monitoring of export receivables.
- Additional advantages in international cash management offered by the Danske Bank Group through the joint solution with Deutsche Bank by providing direct access to Deutsche Bank's business systems via Business online.
- Companies with cross Baltic activities mostly benefit from:
- Being able to monitor their Estonian, Latvian and Lithuanian accounts via Business Online.
- Electronic account statements which appear in Business Online the next day after the transactions took place.
- Better liquidity management and Intracompany payment service via Business Online.
- Benefits for Danske Bank's customers having business in Lithuania:
- Access to local payment services and channels in each of the countries.
- The possibility to monitor their accounts in the Baltic Banks via Business Online.
- Electronic account statements which appear in Business Online the next day after the transactions took place.
- Better liquidity management, easier and faster monitoring of export receivables.
- The possibility to make intracompany group payments from their Baltic accounts via Business Online.
Got any questions? Call the Contact center at 1636 (from outside Lithuania dial +370 5 215 6666) or send us an enquiry.
